Marsons Ltd
Incorporated in 1976, Marsons Ltd
is engaged in manufacturing of transformers in the capacity range of 100 MVA 132KV class[1]
- Market Cap ₹ 514 Cr.
- Current Price ₹ 36.7
- High / Low ₹ 36.9 / 4.95
- Stock P/E 142
- Book Value ₹ 0.97
- Dividend Yield 0.00 %
- ROCE 0.85 %
- ROE -216 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 37.7 times its book value
- Company has a low return on equity of -156% over last 3 years.
- Earnings include an other income of Rs.5.37 Cr.
- Company has high debtors of 756 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -29.7%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
115.53 | 50.61 | 54.68 | 72.16 | 103.08 | 99.99 | 16.70 | 0.35 | 0.00 | 0.33 | 1.59 | 4.56 | 5.25 | |
104.18 | 41.81 | 46.27 | 64.22 | 90.28 | 97.32 | 63.98 | 19.62 | 0.64 | 0.91 | 1.58 | 3.52 | 3.08 | |
Operating Profit | 11.35 | 8.80 | 8.41 | 7.94 | 12.80 | 2.67 | -47.28 | -19.27 | -0.64 | -0.58 | 0.01 | 1.04 | 2.17 |
OPM % | 9.82% | 17.39% | 15.38% | 11.00% | 12.42% | 2.67% | -283.11% | -5,505.71% | -175.76% | 0.63% | 22.81% | 41.33% | |
2.67 | 1.10 | 0.57 | 5.01 | 1.42 | 1.00 | -7.97 | -0.91 | -0.08 | 0.00 | 0.02 | 6.29 | 5.37 | |
Interest | 9.08 | 8.28 | 7.14 | 13.73 | 7.68 | 10.09 | 4.98 | 0.02 | 0.00 | 0.01 | 0.11 | 3.16 | 3.16 |
Depreciation | 1.62 | 1.26 | 0.96 | 4.03 | 3.11 | 1.71 | 4.52 | 3.14 | 2.26 | 1.64 | 1.21 | 0.90 | 0.74 |
Profit before tax | 3.32 | 0.36 | 0.88 | -4.81 | 3.43 | -8.13 | -64.75 | -23.34 | -2.98 | -2.23 | -1.29 | 3.27 | 3.64 |
Tax % | 33.43% | -108.33% | 73.86% | 1.04% | -20.99% | -22.26% | 0.00% | 7.54% | 0.00% | 0.00% | 0.00% | 0.00% | |
2.20 | 0.74 | 0.24 | -4.76 | 4.15 | -9.94 | -64.76 | -21.58 | -2.99 | -2.23 | -1.29 | 3.27 | 3.63 | |
EPS in Rs | 0.88 | 0.30 | 0.10 | -1.90 | 1.66 | -3.98 | -25.90 | -8.63 | -0.24 | -0.18 | -0.10 | 0.26 | 0.29 |
Dividend Payout % | 11.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -28% |
5 Years: | -23% |
3 Years: | % |
TTM: | 98% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | -2% |
TTM: | 1310% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 94% |
3 Years: | 47% |
1 Year: | 507% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -156% |
Last Year: | -216% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 12.50 | 12.50 | 12.50 | 12.50 | 14.00 |
Reserves | 27.35 | 27.52 | 27.50 | 22.79 | 26.94 | -7.53 | -72.28 | -94.02 | -9.08 | -11.31 | -12.75 | -9.48 | -0.38 |
36.63 | 40.02 | 49.17 | 67.44 | 71.29 | 76.26 | 86.20 | 84.28 | 22.39 | 22.89 | 22.66 | 14.51 | 7.66 | |
41.16 | 94.03 | 85.41 | 44.45 | 102.48 | 43.73 | 37.29 | 22.79 | 0.31 | 0.54 | 0.89 | 5.90 | 3.30 | |
Total Liabilities | 130.14 | 186.57 | 187.08 | 159.68 | 225.71 | 137.46 | 76.21 | 38.05 | 26.12 | 24.62 | 23.30 | 23.43 | 24.58 |
26.90 | 26.27 | 25.17 | 32.87 | 29.87 | 28.69 | 24.17 | 20.88 | 18.76 | 17.11 | 15.91 | 13.22 | 12.93 | |
CWIP | 1.30 | 1.34 | 1.35 | 0.02 | 0.00 | 0.12 | 0.14 | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 10.35 | 10.33 | 10.33 | 9.82 | 37.45 | 12.19 | 2.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
91.59 | 148.63 | 150.23 | 116.97 | 158.39 | 96.46 | 49.16 | 17.03 | 7.36 | 7.51 | 7.39 | 10.21 | 11.65 | |
Total Assets | 130.14 | 186.57 | 187.08 | 159.68 | 225.71 | 137.46 | 76.21 | 38.05 | 26.12 | 24.62 | 23.30 | 23.43 | 24.58 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.04 | 6.29 | -2.37 | -3.03 | 27.14 | 4.24 | -6.58 | 0.85 | -13.37 | -0.50 | 0.34 | 0.10 | |
-1.53 | -0.83 | 0.17 | -5.87 | -24.59 | -0.56 | 1.33 | -0.01 | 3.14 | 0.00 | 0.00 | 8.09 | |
-4.87 | -4.91 | 2.18 | 7.69 | -3.30 | -3.99 | 5.25 | -1.91 | 10.34 | 0.49 | -0.39 | -8.18 | |
Net Cash Flow | -1.36 | 0.55 | -0.02 | -1.21 | -0.75 | -0.31 | -0.01 | -1.07 | 0.11 | 0.00 | -0.05 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 115.66 | 558.50 | 550.04 | 320.74 | 371.80 | 144.04 | 907.47 | 10,126.14 | 7,864.09 | 1,586.26 | 756.41 | |
Inventory Days | 175.15 | 637.37 | 528.02 | 300.56 | 312.68 | 200.28 | 2.35 | 0.00 | 78.21 | 39.40 | ||
Days Payable | 126.62 | 915.79 | 684.87 | 159.45 | 537.20 | 127.30 | 189.71 | 964.64 | 309.01 | |||
Cash Conversion Cycle | 164.19 | 280.08 | 393.18 | 461.84 | 147.28 | 217.03 | 720.12 | 10,126.14 | 7,864.09 | 699.83 | 486.81 | |
Working Capital Days | 148.08 | 352.09 | 404.85 | 358.93 | 193.51 | 194.97 | 274.08 | -6,017.29 | 7,499.09 | 1,455.41 | 332.98 | |
ROCE % | 14.18% | 9.52% | 8.41% | 8.22% | 1.81% | -77.21% | -75.97% | -13.88% | -8.90% | -5.03% | 0.85% |
Documents
Announcements
- Closure of Trading Window 23h
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Mar - Copy of advertisement published in Newspapers on 6th March 2024 relating to Notice of EGM, Cut off date and e-voting information to shareholders in English …
- Extra-Ordinary General Meeting Of The Company To Be Held On Saturday, 30Th March 2024 At 2:00 P.M. Through VC/ OAVM Mode. 5 Mar
- Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 1 Mar
- Board Meeting Intimation for Discussion And Finalization Of Proposal For Issue Of Equity Shares/ Convertible Warrants Of The Company On Preferential Basis To Strategic Investors. 23 Feb
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
MSL is an ISO 9001:2008 certified and
CPRI, ERDA, and NABL accredited, multi
product and service organization engaged
in manufacturing, supplying, erecting, testing, and commissioning of Power and Distribution transformers of various ratings, which include 10 KVA, 50 MVA 132 kV class, up to the range of 160 MVA 220 kV class.